Archive
Six degrees and six vacancies... Oh shazbot! It’s six degrees outside. Well not exactly. Technically it’s in the teens, but with the wind chill, it feels like six degrees. Needless to say, this is not normal weather in Georgia. There’s ice and snow everywhere. And as I lay in bed this morning, all I could think about was all the ways this weather could affect the six vacant houses we have...
Work to learn, not to earn: There are concepts that have truly life-altering effects. For us, the idea of working to learn, not to earn was one of them. This notion came from a book we read called “Rich Dad Poor Dad” by Robert Kiyosaki. If you’ve never read that book, please do. It’ll change the way you look at money, your job and investing forever. In the book, Robert talks...
Easy on the people, hard on the problem I learned my property management system from David Tilney. He has a fantastic course that will change the way you view land lording in general. One of the things David says is, “Be easy on the people but hard on the problem.” Truthfully, when I heard this, I had no idea what David was saying. My first real-world teacher, whom I’m...
Do your notes need to carry interest? I was at worship the other day with a five-yea- old who was trying to sell his Rubik’s Cube. I didn’t know they still make those things, but for fun, I played along and asked him how much he wanted for the toy. Tyner: “Nine hundred sixteen”. Me: “Nine hundred sixteen what?” Tyner: “Cents.” Me: “OK, how about this; I can pay you 10 cents...
Park manager are the key to Lonnie Deals: I am a huge fan of mobile homes. Dollar for dollar, I see no other investment that compares to the great returns you can achieve with these properties. Returns typically run from 33 to 120 percent… or more. Did that get your attention? If it didn’t, let me explain. Anytime you hear the words “return” or “yield” and see a percentage,...